Solutions to creating an equitable playing field in insur-tech, which is the intersection of insurance and technology, are reshaping this sector’s landscape. Life insurance can play a powerful role in helping to close the racial wealth gap as a tool that builds financial stability for generations. Companies like Insurance Elevated,…

According to National Oceanic and Atmospheric Administration data, late August through the end of September is the peak of the Atlantic hurricane season. Some of the most catastrophic storms in U.S. history — including Katrina, Harvey, and Ian — made landfall during this time. The NOAA’s Climate Prediction Center updated…

At the end of World War II, the United States implemented the Marshall Plan, the biggest economic recovery act the world had ever seen and which was designed to get a war torn Europe back on its feet. Nearly a century later, as we experience the hottest summer on record…

Last month I spoke to the Diversity, Equity and Inclusion (DEI) committee of NICSA. During my talk I asked the audience members if they had tried ChatGPT or other AI applications. Only about 1 in 10 of the attendees raised their hands. Surprised by this low number, I veered off…

This story appears in the August/September 2023 issue of Forbes Magazine. SubscribeMembers of the secretive management team behind $83 billion worth of Tether stablecoin have literally minted their own fortunes. By Steven Ehrlich and Nina Bambysheva, Forbes Staff Crypto is struggling. Under attack from regulators, the overall value of cryptocurrencies…

That the economy grew at a slightly faster pace than expected in the second quarter doesn’t justify celebrating with an extra round of summer margaritas. This episode of What’s Ahead explains why. With its lack of understanding of inflation, the Federal Reserve remains a serious obstacle to growth. The Biden…

Mastercard has requested financial institutions to stop accepting marijuana transactions through pin debit cards. Mastercard’s MA decision to further reduce options for marijuana consumers means they will have fewer convenient ways to purchase marijuana without cash. This comes at a time when the marijuana industry has become legal in almost…

The commercial and financial worlds are eagerly anticipating not only what the Federal Reserve will do with interest rates this week but also what hints it might drop about future moves. What’s Ahead argues that this whole exercise is preposterous and dangerous. The Fed doesn’t “get” inflation. It mistakenly believes…

On the anniversary of the Dodd-Frank Wall Street Reform and Consumer Protection Act, it is important to recognize the transformative changes that have occurred within the banking industry over the past thirteen years. While this legislation was originally aimed to mitigate risks following the 2007-2008 global financial crisis, now comes…

In October of 2022, Goldman Sachs started an internal organization called the Office of Applied Innovation. The thesis behind its creation was that the intersection between geopolitics and technology is increasingly determinative to the way that the world will evolve. The company also theorized that the way money and value…